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Bahrain's state investment fund Mumtalakat is buying preference shares and warrants worth 400 million pounds ($510.48 million) in carmaker McLaren from Saudi Arabia's Public Investment Fund (PIF) and Ares Management, Sky News reported on Wednesday.
Sergio Perez wants to be considered a Formula One title contender and Sunday's Miami Grand Prix offers the Mexican a chance to lead the championship for the first time and rattle the cage of Red Bull team mate Max Verstappen.
The Las Vegas Grand Prix is still more than seven months away but at the corner of Harmon Ave. and Koval Lane, the race is already on to build the massive, state-of-the-art Formula One paddock.
Alex Albon put Williams in the fight for points at the Australian Grand Prix after qualifying eighth on Saturday as the best of the rest behind Formula One's top four teams.
Mick Schumacher's Formula One struggles last season feature strongly in the latest run of 'Drive to Survive' but the German says he feels no need to watch the Netflix docu-series.